Structured Products - February 2015

Articles in this issue
Dealers ditch the fax machine in structured products tech push
Software from Calastone seeks to bring structured products into the digital age
Investors underestimating smart beta risks, academics warn
Investors warned over opaque methodologies and crowded trades
Finra maintains scrutiny of retail structured products
Regulatory body to focus on rate-sensitive products and protection for retail clients
Issuers face big legal bills under EU prospectus plans – Icma
Trade body says issuers will face unnecessary legal and compliance bills under Esma plans
Q&A: Esma’s Patrick Armstrong on Mifid II and Priips
The watchdog’s priorities for 2015 include drawing up new powers of product intervention
Oil-linked structured products: investors take the plunge
Price drop and volatility spike drives interest in oil-linked structures
UKSPA contests EU stance on liquidity risk ratings
Structured products trade body declines to include liquidity risk metric in ratings
People: RBS's head of equity derivatives trading joins BNP Paribas
Kieron Smith joins French bank after structured products acquisition
Beware the pitfalls of averaging in structured products
Practice is useful for dampening volatility in valuations but carries risks
FVC review: Investec’s five-year FTSE growth plan
Capital-protected product will use averaging to calculate final returns
FVC review: Morgan Stanley’s FTSE 100 range accrual
Issuer’s capital-at-risk product with quarterly coupons reviewed
FVC review: Credit Suisse’s long-dated S&P 500 leveraged return
Capital-at-risk product comes with an unusually long 10-year maturity